New business density in Liberia
Liberia: New business density was 0.052 new registrations per 1,000 people ages 15-64 in 2024. ◆ Volatile
New business density in Liberia, 2011–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in new registrations per 1,000 people ages 15-64.
Analysis
In 2024, new business density in Liberia stood at 0.052 new registrations per 1,000 people ages 15-64. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 72.5% on the previous year and up 230.9% over ten years.
Over the whole period, new business density in Liberia peaked at 0.052 new registrations per 1,000 people ages 15-64 in 2024 and was at its lowest, 0.007 new registrations per 1,000 people ages 15-64, in 2011.
That places Liberia 175th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
New business density in Liberia, year by year
| Year | new registrations per 1,000 people ages 15-64 | Change |
|---|---|---|
| 2011 | 0.007 new registrations per 1,000 people ages 15-64 | — |
| 2012 | 0.0126 new registrations per 1,000 people ages 15-64 | +80.0% |
| 2013 | 0.0144 new registrations per 1,000 people ages 15-64 | +14.3% |
| 2014 | 0.0157 new registrations per 1,000 people ages 15-64 | +9.1% |
| 2015 | 0.0083 new registrations per 1,000 people ages 15-64 | -47.3% |
| 2016 | 0.0119 new registrations per 1,000 people ages 15-64 | +44.3% |
| 2017 | 0.0121 new registrations per 1,000 people ages 15-64 | +1.0% |
| 2018 | 0.0214 new registrations per 1,000 people ages 15-64 | +77.2% |
| 2019 | 0.0198 new registrations per 1,000 people ages 15-64 | -7.4% |
| 2020 | 0.0214 new registrations per 1,000 people ages 15-64 | +8.0% |
| 2021 | 0.0422 new registrations per 1,000 people ages 15-64 | +97.6% |
| 2022 | 0.0241 new registrations per 1,000 people ages 15-64 | -42.8% |
| 2023 | 0.0302 new registrations per 1,000 people ages 15-64 | +24.9% |
| 2024 | 0.052 new registrations per 1,000 people ages 15-64 | +72.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0137 new registrations per 1,000 people ages 15-64 | 0.007 new registrations per 1,000 people ages 15-64 | 0.0214 new registrations per 1,000 people ages 15-64 | 9 |
| 2020s | 0.034 new registrations per 1,000 people ages 15-64 | 0.0214 new registrations per 1,000 people ages 15-64 | 0.052 new registrations per 1,000 people ages 15-64 | 5 |
Countries ranked near Liberia
- 172 Bhutan 0.0714 new registrations per 1,000 people ages 15-64 compare
- 173 Haiti 0.0653 new registrations per 1,000 people ages 15-64
- 174 Bangladesh 0.0648 new registrations per 1,000 people ages 15-64 compare
- 176 Kiribati 0.0268 new registrations per 1,000 people ages 15-64 compare
- 177 Somalia 0.0202 new registrations per 1,000 people ages 15-64 compare
More private sector data for Liberia
- Merchandise trade 87.0% (2025)
- Food imports 23.1% (2023)
- Manufactures imports 42.8% (2023)
- Merchandise imports 2.49 billion current US$ (2025)
- Food exports 24.5% (2023)
- Manufactures exports 9.9% (2023)
- Merchandise exports 2.07 billion current US$ (2025)
- Merchandise exports (current US$), per capita 360.83 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3942 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 57.86 % change on previous year (2025)
Frequently asked questions
- What is new business density in Liberia?
- New business density in Liberia was 0.052 new registrations per 1,000 people ages 15-64 in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new business density recorded in Liberia?
- The highest recorded value was 0.052 new registrations per 1,000 people ages 15-64 in 2024.
- What is the lowest new business density recorded in Liberia?
- The lowest recorded value was 0.007 new registrations per 1,000 people ages 15-64 in 2011.
- How does Liberia rank for new business density?
- Liberia ranks 175th out of 177 countries with data for 2024.
- Is new business density rising or falling in Liberia?
- Over the last ten years it is up 230.9%. The long-run trend across the full record is volatile.
- Where does this Liberia data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New business density (new registrations per 1,000 people ages 15-64). Statizoid updates them automatically from the source API.
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About this data
The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.